We are live on ! Find out more
LM

Luminus Management Portfolio holdings

AUM $166M
1-Year Est. Return 75.95%
This Fund
S&P 500
This Quarter Est. Return
+7.64%
1 Year Est. Return
+75.95%
3 Year Est. Return
-13.12%
5 Year Est. Return
+27.92%
10 Year Est. Return
+125.71%
AUM
$3.78B
AUM Growth
-$1.01B
Cap. Flow
-$1.31B
Cap. Flow %
-34.58%
Top 10 Hldgs %
37.44%
Holding
197
New
52
Increased
42
Reduced
45
Closed
52

Top Buys

Rank Stock Value
1
WAB icon
Wabtec
WAB
+$70M
2
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$63.8M
3
RIG icon
Transocean
RIG
+$47.5M
4
IWM icon
iShares Russell 2000 ETF
IWM
+$40.7M
5
ESV
Ensco Rowan plc
ESV
+$35.8M

Top Sells

Rank Stock Value
1
PEG icon
Public Service Enterprise Group
PEG
+$176M
2
FE icon
FirstEnergy
FE
+$154M
3
GRA
W.R. Grace & Co.
GRA
+$75.8M
4
CPN
Calpine Corporation
CPN
+$74.1M
5
NEE icon
NextEra Energy
NEE
+$70.1M

Sector Composition

Rank Sector Weight
1 Energy 20.99%
2 Materials 19.15%
3 Utilities 18.31%
4 Industrials 16.95%
5 Technology 1.07%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
IWM icon
26
iShares Russell 2000 ETF
IWM
$81.9B
$48.7M 1.29%
328,805
+289,105
+728% +$40.7M
GTE icon
27
Gran Tierra Energy
GTE
$254M
$47.6M 1.26%
2,087,490
+368,417
+21% +$8.1M
TSE
28
DELISTED
Trinseo
TSE
$33.1M 0.88%
493,942
+149,442
+43% +$9.94M
ECHO
29
DELISTED
Echo Global Logistics, Inc.
ECHO
$30.6M 0.81%
1,625,852
+330,902
+26% +$5.42M
MTZ icon
30
MasTec
MTZ
$28.1B
$30.6M 0.81%
659,383
+406,683
+161% +$17.7M
PWR icon
31
Quanta Services
PWR
$96.4B
$30.4M 0.8%
+812,479
New +$28.5M
ACM icon
32
Aecom
ACM
$8.7B
$30.2M 0.8%
820,659
+32,957
+4% +$1.08M
CPE
33
DELISTED
Callon Petroleum Company
CPE
$28.7M 0.76%
255,430
-38,813
-13% -$4.13M
SUM
34
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
$28.7M 0.76%
924,007
-304,474
-25% -$8.64M
RSPP
35
DELISTED
RSP Permian, Inc.
RSPP
$28.5M 0.76%
824,440
+424,440
+106% +$13.6M
RIO icon
36
Rio Tinto
RIO
$150B
$27.7M 0.73%
587,900
-956,745
-62% -$44.5M
STN icon
37
Stantec
STN
$7.81B
$27M 0.72%
973,411
-933,100
-49% -$24.8M
R icon
38
Ryder
R
$10.7B
$26.2M 0.69%
310,020
-886,731
-74% -$67.1M
D icon
39
Dominion Energy
D
$62.2B
$26M 0.69%
338,100
-5
-0% -$389
CMI icon
40
Cummins
CMI
$91.9B
$25.5M 0.68%
151,917
+14,717
+11% +$2.38M
WR
41
DELISTED
Westar Energy Inc
WR
$25.4M 0.67%
+512,666
New +$26.1M
EXC icon
42
Exelon
EXC
$47.5B
$24.2M 0.64%
899,589
-2,383,400
-73% -$63.7M
NUE icon
43
Nucor
NUE
$53.6B
$23M 0.61%
+410,139
New +$23.2M
OLN icon
44
Olin
OLN
$2.73B
$22.7M 0.6%
661,842
-995,726
-60% -$31M
NE
45
DELISTED
Noble Corporation
NE
$22.2M 0.59%
4,820,356
– –
BTE icon
46
Baytex Energy
BTE
$3.04B
$21.8M 0.58%
7,247,600
+1,190,000
+20% +$3.12M
CLF icon
47
Cleveland-Cliffs
CLF
$5.42B
$21.7M 0.57%
3,029,200
+529,200
+21% +$3.95M
CHRD icon
48
Chord Energy
CHRD
$7.72B
$21M 0.56%
2,300,000
+899,983
+64% +$7.05M
FTV icon
49
Fortive
FTV
$18.4B
$20.6M 0.55%
461,737
-1,060,769
-70% -$44.1M
DYN
50
DELISTED
Dynegy, Inc.
DYN
$19.9M 0.53%
2,027,619
-2,106,552
-51% -$18.8M
1
2
3 4 5

Similar funds

SHC
SALT Holding Corp Wilmington, Delaware $165M AUM 37.3% 1-Year Est. Return
TLM
Twin Lions Management Stamford, Connecticut $165M AUM 10.42% 1-Year Est. Return
E3F
Eight 31 Financial Midland, Texas $166M AUM 8.23% 1-Year Est. Return
SFCM
Savoir Faire Capital Management Norwalk, Connecticut $166M AUM 4.74% 1-Year Est. Return
MCM
Moon Capital Management New York $166M AUM 54.85% 1-Year Est. Return
FOFP
Fee-Only Financial Planning Okatie, South Carolina $166M AUM 17.65% 1-Year Est. Return
GGA
Granite Group Advisors Stamford, Connecticut $165M AUM 11.6% 1-Year Est. Return
OO
Obsido Oy Tampere $165M AUM 17.18% 1-Year Est. Return

Luminus Management's Q3 2017 Portfolio in Review

As of Q3 2017, Luminus Management held 197 positions worth $3.78B, down 21% from $4.78B the previous quarter. Its ten largest holdings account for 37% of the portfolio.

Luminus Management withdrew a net $1.31B in Q3 2017, closing 52 positions and reducing 45 holdings. Its most notable exit was W.R. Grace & Co., an estimated $75.8M position sold in full.

By sector, the portfolio is most concentrated in Energy at 21% of assets, up from 13% a quarter earlier, followed by Materials and Utilities.

Against the trend, Luminus Management opened a new position in Quanta Services worth $30.4M.

  • Luminus Management's largest Q3 2017 buy was Quanta Services: 812,479 shares worth $30.4M.
  • Luminus Management added most to Wabtec in Q3 2017, an estimated $70M increase.
  • Luminus Management's biggest Q3 2017 reduction was Public Service Enterprise Group, cutting an estimated $176M.
  • Luminus Management fully exited W.R. Grace & Co. in Q3 2017, selling an estimated $75.8M.
  • Luminus Management's ten largest holdings make up 37% of its $3.78B portfolio in Q3 2017.
  • Luminus Management opened 52 new positions and closed 52 in Q3 2017.
  • Luminus Management's portfolio value fell 21% quarter-over-quarter to $3.78B.

Based on Luminus Management's 13F filing for Q3 2017, filed 14 Nov 2017.